Ashoka Buildcon wins ₹539 crore North Western Railway upgrade

has secured a major contract worth ₹539.35 crore from North Western Railway’s Ajmer Division to upgrade the railway’s electric traction system and overhead equipment for higher speed and efficiency. The project covers around 660 route km, requiring an upgrade from 1×25 kV to 2×25 kV for faster trains and improved power supply, with completion expected in 24 months. This win boosts Ashoka Buildcon’s order book and positions the company as a strong player in railway electrification, supporting future growth and investor confidence as rail upgrades accelerate across India.​ Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.